MarAd Approves Ship Sales and Transfers

June 20, 2006

The Maritime Administration (MarAd) has approved three vessels sale and transfer under section 9 of the Shipping Act, of 1916, as amended. MarAd has given approval to Industrial Resources, Inc., of Clear Lake, Washington to sale the fishing vessel MOMMA, to Front Street Management LLC of Vancouver, Washington and transfer of said Vessel to Panamanian registry and flag. The fishing vessel was built in 1945. MarAd has given approval to Maersk Lines, Limited, of Norfolk, Va., to sell the container RoRo’s MAERSK ALASKA and MAERSK ARIZONA, to Ignazio Messina and C.S.P.A. of Genoa, Italy and transfer of said Vessels to Italian registry and flag. Both container ships were built in 1976.

MarAd Approves Ship Sales and Transfers

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